Jun 9, 2010

What we're reading: June 9, 2010

In all the excitement yesterday (elections, Walmart scams, etc), we didn't have a chance to point you to Bob Herbert's most recent column, the gist of which is, "Unemployment is crushing families and stifling the prospects of young people." It's definitely worth a read. Here are some more highlights:
"It’s impossible to overstate the threat that this crisis of unemployment poses to the well-being of the United States. With so many people out of work and so much of the rest of the population deeply in debt, where is the spending going to come from to power a true economic recovery?

Policy makers have acted as if they are unaware of the magnitude of this crisis. They have behaved as though somehow, through some economic magic perhaps, or the power of prayer, this ocean of joblessness will just disappear. That’s a pipe dream."

Thanks Bob Herbert, for reminding us all to keep our eyes on the prize.

No comments: